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Do recall the primary purpose of banking is the creation of debt.

Let me throw some flavor your thread, David.

Human DNA is magnetic based. You can tune and improve your DNA using magnetics. The Atlanteans would use technology to tune their DNA in order to...

We can also think of money and debt as means of exchanging or extracting energy from others ....

Let me modify my post a bit ...

Money is gold, silver, copper coin ... precious metals.

Notes are an entirely different business. Notes are debt instruments .... representations of debt. Notes...

There are other elements of money, more so the circulation; storage; leveraging (borrowing); and deployment of money, that aren't generally appreciated.

In addition to money, where there is money,...

Put me down for the 1619 Project.

https://pulitzercenter.org/lesson-plan-grouping/1619-project-curriculum

Consider this ...

Life insurance ... is a commodity :).

Ironically enough, so is gold and silver .....

Life insurance as a private bank doesn't get around interest. Besides, all capital has...

Anyone can form a bank if they know how.
The banking function in one's life can be privatized.
Anyone can create debt either as a debtor or creditor.
Debt is ultimately a contract.

Banks and insurance companies are in competition for dollars and against each other.

Although in competition with each other, banks buy billions of dollars worth of life insurance every year as...

With whole life, there is a cash value build up.
A loan reduces the death benefit and possibly the cash value, but that depends on how it is structured.

I'm a fan of whole life insurance. When...

Insurance companies are mandated by law to keep reserves.
Insurance companies can't inflate the money supply by way of fractional reserve lending like banks do.

Insurance is a very large and integral part of the capital markets.

You can get around all of that by overfunding a whole life insurance policy. From there, you can borrow funds at any time for...

Interesting notes:

Insurance companies offered mortgages on property in the US originally prior to banks of the 20th century.

Cash value in life insurance originated in the early 20th century...

No. What one does own is the contract between themselves and the insurance company and how it performs based on structure.

Consider this:

The idea of accessing one's bond through a birth certificate to pay for stuff in life ...

You can simulate this with a life insurance policy. The basis of the policy is one's on...

The debt rests with the insurance company and not the bank. Yes, there is interest assessments.
Purchasing the house with a policy loan ensures that there is no lien on the property upon purchase...

A way to purchase a home sans a mortgage is whole life insurance.

Interesting fact: Mortgages in the US were originally offered by insurance companies before banks muscled in on the game.

This...

Indeed.

Certificates of title are a different beast from titles :).

Seizure of retirement accounts are more likely to happen than seizure of gold.

Retirement accounts sit at about $30 trillion total.

Inflation is increasing cost simultaneously with decreasing value.

Minor quibble over titles.

Titles are bundles of rights. Titles can be transferred in a commercial transaction, but titles in and of themselves are not "promises to pay".

What I believe this is all about is cost versus value.

Cost and value are not synonymous by the way.

If you will note, one is the opposite of the other.

In America, a debenture is an unsecured loan.
In Britain, a debenture is a bond backed by assets.

Is that a debenture American or debenture British?

Is that a floating charge debenture?

First things first:

You must build a pool before we can direct and re-direct flow.
The pool is then used to do work.
The pool also needs fresh new additions as well.